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    Home > Chemicals Industry > New Chemical Materials > PVC prices rushed back down and upward pressure or gradually appeared

    PVC prices rushed back down and upward pressure or gradually appeared

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
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    As of 8.
    1, affected by the decline in crude oil, PVC prices soared and fell
    .
    Upper pressure or gradual presentation
    .
    Its raw material prices have risen slightly, but considering that PVC inventories are still high, we are not optimistic
    about the height of the short-term price rebound of PVC.
    At present, the trend of PVC is more affected
    by economic expectations and the trend of crude oil.

    PVC

    Futures market, as of 8.
    1 days PVC main close 6827 yuan / ton (-0.
    81%); Top 20 main long positions: 282255 (-20876), short positions: 302105 (-10703), net short positions: 19850 (+9647).

    Spot market, as of 8.
    1 days East China (calcium carbide method) quotation: 6880 yuan / ton (+80); South China (calcium carbide method) quotation: 6965 yuan / ton (+110).

    Blue charcoal: as of 8.
    1 days, Shaanxi 1418 yuan / ton (0).

    calcium carbide: as of 8.
    1 days, North China 4425 yuan / ton (+160).

    Recently, the commodity market has revised the excessive pessimism in the early stage, but combined with the high inventory of PVC and high operating rate, this rebound is more due to the market rebound
    caused by technical correction and changes in market sentiment.
    At this point, the pressure above gradually emerged, but the price of raw materials below has cost support
    for PVC.
    With a "wide range of shocks", it is cautious about this rebound
    .
    In the later stage, we should pay close attention to PVC inventory changes, production enterprise operating rates and raw material changes
    .

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